Item for research and development time entry

OLAChristina
Member Posts: 3 Novice Member

in Reckon One
What type of sales account should an item related to R&D have?
should it be coded as a special sale account under expenses or should it be under sales and wages?
Thanks!
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Answers
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How R&D is treated may depend on the type of organisation and the nature of the R&D being tracked.
Typically classified as expenses and not income.
This may require a conversation with your accountant or adviser.
Regards,
Reckon Data Recovery Team
How to ask good questions on the Reckon Community
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